Real-Time and In-Store Inventory Management Capabilities Are Made Possible by All

question 12

Multiple Choice

Real-time and in-store inventory management capabilities are made possible by all of the following EXCEPT ______.

• A) algorithmic modelling
• B) internet of things sensors
• C) data capture and management
• D) block chain

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Definitions:

Utility Theory

An economic theory that describes how individuals make choices based on their perceived satisfaction or utility from outcomes, aiming to maximize pleasure and minimize pain.

Predict How Feel

the attempt to forecast one’s future emotional states or reactions in specific situations, which can influence decision-making and planning.

Utility Theory

An economic theory that considers the utility or satisfaction a consumer gains from consuming goods and services.

Human Decision Making

The cognitive process resulting in the selection of a belief or a course of action among several possible alternatives.